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Monthly News July 2014

Rs 17.60 lakh were spent on Modi’s...

Rs 17.60 lakh were spent on Modi’s oath-taking ceremony

NEW DELHI: An expenditure of at least Rs 17.60 lakh was incurred on the oath-taking ceremony of Prime Minister Narendra Modi in the forecourt of Rashtrapati Bhavan, an RTI reply has found. The reply provided by the President’s Secretariat said approximate cost incurred on the arrangements of... read more »

No doubt Cook is our leader, says Englan...

No doubt Cook is our leader, says England asst. coach Farbrace

England assistant coach Paul Farbrace has backed England captain Alastair Cook, saying that the opener is very much the leader of the side and there is still hope for the hosts against India. “Cook is feeling that a score is close, and you saw that he fought and scrapped and worked as hard as he... read more »

Steyn, Morkel bowl South Africa to massi...

Steyn, Morkel bowl South Africa to massive 153-run win over Sri Lanka

South Africa pace bowlers Dale Steyn and Morne Morkel grabbed four wickets each to lead the tourists to a 153—run win over Sri Lanka on Friday in the first game of their two-Test series. Steyn grabbed 4—45 and Morkel 4—29 as the Proteas bowled out Sri Lanka for 216 on Sunday after being set a... read more »

Chasing black money, India gets Swiss in...

Chasing black money, India gets Swiss invite for discussions

As India steps up pressure on Switzerland for details of alleged black money stashed there, Swiss authorities have invited Indian officials to Berne to discuss further cooperation in these matters. Besides, Switzerland has already transmitted “few positive responses” to India, a spokesperson in... read more »

FDI proposals worth Rs.2,327 cr cleared

The government, on Wednesday, cleared 19 foreign direct investment (FDI) proposals worth Rs.2,326.72 crore. The proposals include those from Walt Disney Company and Reckitt Benckiser India,... read more »

China’s economy grows 7.5 per cent in Q2

China’s economy grew up by a more than expected 7.5 per cent in the second quarter of the year, with a slight revival in growth seen as reflecting the impact of stimulus and loosening... read more »

Microsoft to cut 18,000 jobs across organisation

India will be affected by Microsoft’s decision to cut up to 18,000 jobs, or nearly 15 per cent of the software giant’s workforce, according to people with direct knowledge of the... read more »

RBI sets Rs.100 cr floor capital for payments, small banks

The Reserve Bank of India (RBI) has set a minimum paid-up capital of Rs.100 crore for those who wish to set up payments and small banks. Releasing the draft guidelines for licensing of... read more »

Brinda condemns rape of Bangalore school girl

Condemning the grisly act against a six-year-old girl in a school in Bangalore, CPI(M) leader Brinda Karat on Thursday said concern for female safety continued in the country. “It’s a horrendous... read more »